🔴 SPXS is trading 3.18% down in pre-market as major U.S. indices rise

SPXS is trading at $25.27, down -3.18% in pre-market as major U.S. indices rise.

• The S&P 500 (+1.08%) and Nasdaq (+1.42%) gained pre-market.
• Futures also gained after the Federal Reserve’s September 16 rate hike reduced immediate policy uncertainty, supporting risk-on sentiment. Reuters reported S&P 500 futures up 0.74% and Nasdaq 100 futures up 0.96%.
• No company-specific SPXS catalyst was identified.